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Britain's Energy, Business and Industry Minister Grant Shapps is preparing to raise the issue around the creation of the Great British Nuclear (GBN) body, through which it is proposed to triple the country's nuclear energy production, The Times reported, citing a source in the British government. The plan is to reach the figures by 2050.

The goal of this strategy is to increase the capacity of nuclear generation in the UK to 24 GW by 2050, which is three times more than at present, and to provide up to 25% of the projected demand for electricity in the country, the publication noted.

GBN will be responsible for the development of a network of 20-30 small modular reactors. They will be erected by the Rolls-Royce organization.

One Whitehall source informed that GBN will act as an industry leader at the government level.

Tentatively, GBN would need an initial budget of about £500 million.

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